Tag: 51 percent attack

Double-Spending There can be a possibility that the holder of the digital token can copy it and send it to a merchant while keeping the original to himself. Double Spending is the risk that a digital currency can be spent twice. However, Bitcoin has a mechanism based on transaction logs to verify the authenticity of [...]

Introduction It indeed is always good to know the basics before learning the big lesson. It is highly advisable that you read about Hash and some terms associated with cryptocurrency before you dive into the ocean of Bitcoin Mining and Blockchain. What is a Block and Blockchain? The Bitcoin network witnesses a great deal of transaction [...]